Between the complexities of dealing with government and businesses in India and the amount of capital to build out a pyrolysis network to produce power, fuels or even hydrogen in that country, it will be a steep road to climb if our company has not yet completed the financing and ordered the equipment for five press released sites.
A photograph of one small system does not an empire make.
Audited financial statements only attest to the accuracy of the management prepared statements. Until there is positive cashflow form operations, the notes will include a statement that the future of the company is dependent on their ability to raise capital. An audit never attests to future uncertain revenues or profits. It is very difficult to raise capital for a large scale project if you have no past operations or are contributing cash towards the new project.
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